Bybit Lists nOPAL on RWA Earn, Expanding Institutional Access
Plume (PLUME)
Editor:
Eugene Serbin
manilatimes.net reports that Bybit has added nOPAL to its RWA Earn platform, deepening its institutional-grade asset offerings. The product, built on Brazilian credit card receivables, is managed by BlackOpal Finance and structured as a vault on the Plume open finance platform. Investors gain exposure to yield generated when merchants sell future receivables at a discount, with settlement handled by regulated acquirers through Visa and Mastercard networks.
Bybit hedges the BRL/USD exposure using non-deliverable forwards, ensuring returns are denominated in USD. Liquidity is actively maintained through a dedicated allocation including USCC liquidity, nTBILL, and cash. As of August 2026, nOPAL holds over $70 million in total value locked with a 30-day rolling yield of approximately 12%.
The strategy has purchased more than 7,000 receivables since November 2025 with zero defaults. Eligible users can subscribe with a minimum of 500 USDC, and a limited-time 5% APR launch boost is available. Jerry Li of Bybit noted that organic growth attests to strong user demand for real-world opportunities integrated on-chain. Chris Yin of Plume stated that nOPAL demonstrates what is possible when infrastructure changes to distribute institutional yield broadly.
How the market reacted
Whalio's own Binance spot order flow for PLUME, measured when this story was written up on 27 August 2026. Not the outlet's figures.
PLUME is trading at $0.01403 with a 24-hour buy ratio of 56.1%, indicating that buyers are currently outpacing sellers. This buying pressure is stronger than the 52.3% ratio seen over the last 4 hours and the 50.9% ratio in the last hour, suggesting that net buying is building over the longer timeframe. The Volume Delta shows a positive flow of +$355,718 over 24 hours, meaning more capital has been used to buy the asset than to sell it. This cumulative buying activity has resulted in a positive Cumulative Volume Delta of +$229,826 by the close. The market has seen net buying activity for 17 out of the last 24 hours, confirming a sustained preference for bids.
The latest daily buy ratio of 55.9% sits at the 96th percentile of the last 322 days, against a median of 49.4% - among the strongest buying days it has had.
Twenty-four hours later
What PLUME did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for PLUME, averaged over the days leading up to the story.
Over the preceding week, PLUME averaged a 50.5% buy ratio, making today's 56.1% reading an unusual day with 5.6 points more buying pressure than the weekly average. While the daily volume was only 0.12 times the average, the price rose 7.0% over the eight-day period. This contrasts with the weekly Volume Delta of -$1,537,930, indicating that despite the price increase, more capital left the asset over the full week than entered it. Today's positive daily delta of +$355,718 stands in stark contrast to the broader weekly outflow. This suggests that while the asset is seeing recent buying interest, it remains in a net outflow phase compared to the previous week's trends.